Compilation & financial statements
Financial statement preparation for Canadian compilation engagements.
Move from the preliminary trial balance to signed financial statements in one workspace, with linked working papers, adjustments and a complete CSRS 4200 file.
Linked working papers
Documents are stored once and linked into every working paper that uses them. Lead sheets cross-reference to their supporting papers.
Adjustments from precedent
Recurring prior-year entries, prepaids and possible accruals are proposed with their evidence. A team member or partner makes every final entry.
Final TB mapped to GIFI
Produce the final trial balance mapped to GIFI and export it for corporate tax preparation, with financial statements for partnerships and trusts.
Financial statements
Draft statements and notes from the final TB, with TB-to-FS mapping, engagement report options and linked note disclosures.
CSRS 4200 file
Planning and completion checklists, engagement and representation letters, and a CSRS 4200 index that must be complete before sign-off.
Sign-off and lock
Preparer and partner sign-offs, a pre-review check that blocks sign-off while items are open, and a file that locks once it's signed.
Built for compilation engagements, not adapted from audit software.
Sorobas focuses on what Canadian practitioners deliver: compilations, tax-return-only files and bookkeeping engagements. There are no audit workflows or materiality settings to work around.
- Pre-review check before partner review
- Client approval and e-signature in one package
- Roll forward to the next year
- Locked files reopen only with a logged partner reason
Now in beta. Accepting new firms.
Pricing is quoted firm by firm. Tell us about your practice and we'll arrange a walkthrough.